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The peak month of hyperinflation occurred in mid-November 2008 with a rate estimated at 79,600,000,000% per month.
As hyperinflation accelerated, the value of the Zimbabwe dollar declined rapidly against other currencies, yet official exchange rates published by the Reserve Bank of Zimbabwe were infrequently updated; this made it impossible to tell from an official source how much the Zimbabwe dollar was really worth against other currencies on a particular day, which in turn disrupted international business transactions involving Zimbabwe dollars.
Government instability and civic unrest were evident in other areas.
Zimbabwean troops, trained by North Korean soldiers, conducted a massacre in the 1980s in the southern provinces of Matabeleland and Midlands, though Mugabe's government cites guerrilla attacks on civilian and state targets.
The Old Mutual Implied rate was a widely adopted benchmark rate for unofficial currency exchange until intervention by the Reserve Bank of Zimbabwe in May 2008 prohibited the transfer out of the country of shares in Old Mutual, ABC and Kingdom Meikles Africa, thereby blocking their fungibility.During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics.However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent in mid-November 2008.On 18 April 1980, the Republic of Zimbabwe was born from the former British colony of Southern Rhodesia.The Rhodesian Dollar was replaced by the Zimbabwean dollar at par value.